Page 1 Economists Review 2001

Economists act as summarizers and predictors, important roles that often influence policy makers. As the year 2001 ends, we present four influential Chinese economists (in alphabetical order) to analyze the economy.

Page 2 Dream

Beijing’s long, successful march to an Olympic bid may be one of the most significant events for China and even the world in2001. No words can fully describe the explosion of joy from millions of Chinese on that unforgettable July 13 when victory was achieved.

Page 3 Credit

The Chinese business credit system faces an unprecedended challenge when China officially joined the World Trade Organization (WTO) to become the trade club’s 143rd member after a 15-year wait in the year 2001.

Page 4 Terror

The September 11 terrorist attacks on New York and Washington caused an immense shock to American society. Its impacts on American socio-cultural psychology far surpass the material damages it caused.

Page 5 Glory

After 44 years of struggle, China finally realized the long held dream of qualifying for the World Cup Finals, to be held in Japan and South Korea next year. In October this year, at the seventh attempt, success finally came China’s way.

Page 6 Touch

As the year changes, how are expats doing in Beijing? What were their stories in 2001? What are their plans for 2002?

Page 7 Disputes

The Mitsubishi PAJERO V31 and V33’s potential brake failure made these two models sound like terminators on roads to Chinese people. The crises resulted directly from fatal design flaws.

Page 8 Blending

The telltale imprint of globalization impacted on the Beijing artistic scene in 2001.